Goldman Sachs expects the Federal Reserve to begin cutting interest rates in September, projecting three consecutive 25bp reductions—one at each meeting through year-end— provided inflation expectations stay anchored.

• September 16-17
• October 28-29
• December 9-10

The bank emphasises that the easing cycle is contingent on inflation not flaring up again, but with current trends holding, it sees room for a gradual but steady policy pivot.

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This article was written by Eamonn Sheridan at investinglive.com.